gatomontes99

"nflation ran hot for a third straight month in March, raising questions about when the Federal Reserve will feel confident that price pressures are subdued and it can begin cutting interest rates." https://www.msn.com/en-us/money/markets/inflation-accelerated-in-march-cpi-report-shows-whats-the-impact-on-fed-rate-cuts/ar-BB1lofCK Not that anyone here would have seen it, but I've been saying that rate increases aren't the way to handle this round of inflation. This round of inflation was caused by a lack of supply that started with covid but was extended with baby boomers retiring. To counter lack of supply, we need low interest rates to facilitate borrowing to modernize systems and hire new employees.

Nailed it.

Was this sarcasm?

That is not true. Republicans wanted a different law. They sent someone to negotiate a law. The compromise law was insanely bad. It was never going to get passed.

Oh, I'll burst your bubble. The President is quite responsible for inflation. In fact, the president (along with congress) controls the biggest budget in the world. Since inflation is too much money chasing too few goods, if the president were to cut spending he could reduce demand for goods and services and that would decrease inflation.

Long time reader, first time poster...lol Jokes aside, the housing market is a perfect example of how the economy has become unaffordable. "Home Buyers Need to Earn $47,000 More Than in 2020 The income needed to comfortably afford a home is up 80% since 2020, while median income has risen 23% in that time. Home shoppers today need to make more than $106,000 to comfortably afford a home. That is 80% more than in January 2020, showing how the math has changed for hopeful buyers, who are more often partnering with friends and family or “house hacking” their way to homeownership." https://www.zillow.com/research/buyers-income-needed-33755/ But the market has to be a two fold problem, right? I can't imagine that an additional two million people that crossed our border illegally didn't play a part in driving up the cost of housing.